Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Just, 12.87. Thanks for your patience.
No worries. A takeover was announced a couple of months ago. Lombard trading is now suspended as the takeover has gone through. The company buying ours will pay us the cash in the next couple of weeks. If you bought yours for less than 13p a share you should be in profit. Best of luck.
Thanks for replying but still confused due to lack of experience in the ins and outs of share dealing.
We'll receive 13p per share cash by 9th March (within 14 days of 23 February) either as cheque or credited to CREST account.
have a few shares in LRM, can anyone give me any idea what might happen. Thank.
Hi Buy hold sell , although I am on the winning side of this deal - assuming that it goes through..(only because I doubled down at 6.8p) I am having increasing doubts on IC's use , seems that ever since they went for lot's of pictures on the homepage instead of easy navigation to useful articles it has gone downhill , I really don't have time to research hundreds/thousands of companies so have used it through the years as a shortlist for further research but strongly considering looking elsewhere for a similar service - any thoughts on where? money am. shares magazine? I like Seeking Alpha but heavily Americas biased
Agree offer price is a bit disappointing, but we already know the BOD's view - this is a recommended offer. Maybe someone will make a counter offer. A bidding war would be good!
To be honest I think the majority will reject 13p per share, this is a company on the rise so why sell, I'm happy if it goes through as I was lucky to buy in a few months when much lower, it will be interesting to obtain the BODs view on the offer. I really do think it's at least 5-10m short but what do I know?
I wish I could claim some grand vision here but , probably like many others, I bought some too high on the IC tip then doubled down on my own evaluation early December so was holding more than I really wanted at an average of 9p - this one has definitely perked the look of my portfolio up , just need Herencia to prove that mad money corner can work out now !! ;-)
I�m more than happy to take the money and run.
Scheme document to be circulated 'as soon as possible' (def within 28 days).... Made a bit here but this bid is opportunistic given the recent big drop in SP... Good luck to them tho, they've already got 38% odd of votes so will prob go thro unless anybody else is interested...?
Any guesses on the timetable here? Or did i miss it in my excitement when reading the RNS
Nice surprise, especially as I averaged down last week 😁
Not just IC it would seem :)
Purely ic. Amazed how people blindly follow.
What a great start to a recovery in the sp. The drop last week has been overdone. We may start to recover to at least 8p this week. Hoping for more, but one step at a time.
To be frank oracle have so many third party products on their price list the sales teams take the easy routes to hit target. Great to see Thompson at ic call another winner !
The directors,well CEO and FD, (agree Chair and WG need moving on) would usually buy stock as a gesture on such news and sp move. Not so far....could it be the 2 big contracts they expect to trouser worth £5m in total make them insiders? Of course just like comedy,it is down to the timing. FY rev of £38- 40m still supported by plc. Otherwise needs cash from somewhere. Takeover target?...perhaps Oracle are happy to see the plc suffer, hence no biz from them. Other consultants exist. Huron?
I would instead wait until after the basement discount placing and after "reshuffled" board and management has been finalised.
Worth a punt at this price if you're prepared to wait 6 months if it doesn't move up before that, as whatever price it ends today on it's unlikely to move much from that until another rns
Pipeline? Pipe dream! Glad I sold when TW slated PC. I hope poor John Wisbey has managed to dump most of his holding in this shambles.
While probably a fictional tale are the company hopeful of being cash generative for the full year.? It feels like a mythical wish to generate free cashflow in the year to 31 March 2018 after burning �6 million in half one. Time for the Chairman to go as credibility in tatters and share price going backwards. CEO under pressure.
And none of this was known 3 months ago at the AGM?? "Philip Crawford, Group Non-executive Chairman, will make the following statement [19 July 2017]: "The Company continues to see a positive market for its products with the landscape largely unchanged since we announced our 2017 full year results in May." Really, Mr Chairman?
My god these are bad, simply no positives. A good pipeline is just that , a pipeline and based on their forecast accuracy and conversion rate should be taken with a pinch of salt.
Please go up..!!